BetKing, a popular Bitcoin gambling platform known for making profits worth over 7400 BTC during its previous stint has announced the ICO of its BetKing Bankroll tokens. The four-week long crowdsale is set to go live on August 7, 2017, and end on September 4, 2017. During the period, investors and cryptocurrency enthusiasts can purchase BetKing Bankroll token against Bitcoin, Ethereum, Litecoin and Dash payments.
The platform has set the maximum cap for Bankroll tokens at 100 million, out of which 70 million is being made available to the ICO participants. The rest will be retained by BetKing and used for paying ICO bounties, testing bounties, advisors, hiring, future marketing and development activities.
The funds raised from the crowdsale will be used to build and operate the revamped BetKing casino platform. Out of the total funds raised, the platform will allocate 50% for bankrolling the bets placed against the house by players, and the remaining half will go towards development, marketing, promotions, infrastructure and legal costs. The platform has already raised over $1.2 million through the recently concluded Pre-ICO, during which early investors availed a 25% discount on the tokens.
The platform has announced a new discount structure for the ICO, where
Do you like The Bitcoin News ? Thank you for Support us !